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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: TraderXx who wrote (118309)	12/6/2000 2:41:33 PM
From: ColtonGang	Read Replies (1) \| Respond to of 120523

HWP...the company is shifting next year to high-end products such as servers and storage systems, which carry plumper profit margins, and Fiorina said she believes HP stock is a bargain. "Our price-to-earnings ratio is between 16 and 17. The valuation is pretty compelling right now," she said. Fiorina and chief financial officer Bob Wayman reiterated guidance that the company's revenue growth for fiscal 2001 will be between 15 percent and 17 percent. "We're comfortable with the same guidance we gave three weeks ago," she said. In addition, HP is comfortable with consensus expectations of first-quarter earnings per share of 44 cents and 2001 earnings per share of $1.98, she said.